Klaviyo (NYSE:KVYO) Posts Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Klaviyo (NYSE:KVYO) announced its earnings results on Wednesday. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.12), Zacks reports. Klaviyo had a positive return on equity of 0.86% and a negative net margin of 5.23%. Klaviyo updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Klaviyo Stock Down 0.7 %

NYSE:KVYO traded down $0.33 during trading hours on Wednesday, reaching $46.94. 2,241,389 shares of the company’s stock were exchanged, compared to its average volume of 1,134,757. The company has a market capitalization of $12.66 billion, a P/E ratio of -260.76 and a beta of 0.60. Klaviyo has a 12 month low of $21.26 and a 12 month high of $49.55. The business’s 50-day simple moving average is $43.41 and its two-hundred day simple moving average is $37.69.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Macquarie reissued a “neutral” rating and set a $36.00 price objective on shares of Klaviyo in a research note on Friday, November 8th. Benchmark lifted their target price on shares of Klaviyo from $40.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday. Cantor Fitzgerald lifted their target price on shares of Klaviyo from $33.00 to $47.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Piper Sandler lifted their target price on shares of Klaviyo from $45.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Finally, Citigroup lifted their target price on shares of Klaviyo from $39.00 to $48.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 11th. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $44.94.

Insider Buying and Selling

In other Klaviyo news, President Stephen Eric Rowland sold 4,536 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $40.04, for a total value of $181,621.44. Following the completion of the sale, the president now owns 260,403 shares in the company, valued at $10,426,536.12. This represents a 1.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Amanda Whalen sold 23,950 shares of the firm’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $40.04, for a total transaction of $958,958.00. Following the transaction, the chief financial officer now owns 395,616 shares in the company, valued at $15,840,464.64. This represents a 5.71 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 114,536 shares of company stock worth $4,720,953. Corporate insiders own 53.24% of the company’s stock.

About Klaviyo

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.